Links 13 September 2013

Global Macro / Markets:

• Financial Crisis Retrospective: 5 Years After Lehman Brothers’ Bankruptcy – Bloomberg Businessweek

North America:

• Why Michael Woodford Thinks the Fed Should Taper – Bloomberg
• Tired Of Inequality? One Economist Says It’ll Only Get Worse – NPR
• Jobless Claims Slump as Two U.S. States Upgrade Systems – Bloomberg
• Summers Seen Prone to Tighter Credit Than Yellen in Global Poll – Bloomberg
• Labor Department’s Bumbling Bureaucrats Can’t Count – Bloomberg
• Leading GOP Senator Would Oppose Larry Summers’ Nomination – Huffington Post
• Lies, damned lies and the US unemployment statistics – Financial Times
• Analysis: Five years after Lehman, risk moves into the shadows – Reuters

Europe:

• Italy floated plans to leave euro in 2011, says ECB insider – The Telegraph
• Blow to German banking union plan – Financial Times
• U.K. Banks Face $79 Billion Capital Boost in Future Basel Rules – Bloomberg
• Euro zone output falls in July, points to shaky recovery – Reuters
• Brussels probes multinationals’ tax deals – Financial Times

Asia:

• At Sina Weibo’s censorship hub, China’s Little Brothers cleanse online chatter – Reuters
• Banks lead China stocks resurgence – Financial Times
• RESERVE BANK OF INDIA: Dear Citizens, Please Stop Making Garlands Out Of Your Money – Business Insider

Local:

• Abbott’s attack on unions – The AFR
• Government projects set to offset resources CAPEX: BHP – The AFR
• NSW construction to recover strongly – The AFR
• Yes, there is a Budget emergency – The Australian
• Myer chief sees another gloomy year ahead – The Age

Other:

• A Plea for Caution From Russia – New York Times
• Pushed to the limit as a banking intern – BBC